Los Angeles daily herald., 1887-08-31
DAILY HERALD.
THE HOTEL.
A Meeting which Resulted I'm
Very Little Action.

V6Hy AhtbhG ASshOAAs
The meeting of the subscribers to
the project to build large hotel took
-place yesterday afternoon in the rooms
of the Be- ard Of Trade, Chas. f. Day
= ,ho chair and Hervey Lindley Sec
retary. The secretary upc" request
read the call for the meeting as adver-
tised in the daily papers.
f. German moved that proposals BE-
received. Mr.. Stevenson asked thata
motion be made to adjourn for As hours,
until parties in the neighborhood OF
Ninth and Main streets can make upa
subscription list or to allow forty-eight
hours for further proposals.
Major Jones thought that il further
time was granted no proposals should
he opened until then: He was In
favor of adjourning Until Friday.
Col. II. H. Boyce stated that four
proposals had already been received
and given over to the press, and II
nvne others are opened the delay
might be prejudicial to those which
had already been handed in.
Mr.. Jones thought that while this
might be true none Of them should be
read until the final hour.
il. Redick said that as matters
stand at present no contracts that are
to be binding could he made. 1t was
necessary to organize and incorporate
before considering the proposals.
MIR. Hazard moved as substitute
for the whole that the proposals be
read. Carried.
The following propositions were
then read: .
l. At the end OF Fourth street, all
of block fifteen of the Woolen Mill
tract, and fronting $50 feet on Canal
street, 67l feet on Figueroa street and
bounded by Figueroa street on the
west, Ida street ON the north, Canal
street on the east, and Emma street on
the south. Price $50, 900, out of which
will donate $4,000 toward the erec-
tion of the hotel and improvements on
the grounds. WILL ID. GOULD.
2. The south 800 feet OF block o of
the Mount Pleasant tract, being a lot
800 by 275 feet, and one of the most
beautiful spots for hotel in the whole
city, for 100000. Or, if the lot is not
considered of sufficient size, | will
tender the whole of said o for $40 900,
and will subscribe for stock to build
the hotel, if the proposition is ac-
cepted, the sum OF $4,000.
8. c. HUBBELL.
3. hereby offer for a hotel site
the property known as block 5, of the
Woolen Mill tract; said property is
situated within one-half mile of Spring
street, between First and Second
streets. 1t has frontage of 4S0 feet
on Beaudry street by 800 on Second
street. Advantages: First, its proxi-
nifty to the famous center. Second,
its position between two cable roads.
Third, it is whole block, and can be
used to the best advantage. Terms,
500, 900 contribution to assist the en-
ferprise and benefit property in the
vicinity, $4,000.
JAMES H. BLANCHARD.
At the northwest corner of Temple
street and Bunker Hill avenue, in
block one, of Park tract, and fronting
on Temple street 250 feet, and 'front.'
ing on Bunker Hill avenue $50 feet.
Price 500, 900, and l will take stock in
the enterprise of $4,000.
j. W. PoTrs.
J. l. Redick moved that the hotel
company be founded at once. Col.
III. ii. Boyce amended the motion so
that committee of five on permanent
organization be appointed to report on
Friday. Carried.
A number of gentlemen reconsidered
their former opinion in regard to in
cooperating, and some stated that they
did not desire to incorporate.
Moved and carried that propositions
be handed back to those who handed
them in, and that all bids to be handed
in on Friday be in sealed envelopes
and to be given to the chairman.
Mr.. Lindley moved that the COM
mittee elect treasurer, and that %
per cent of the subscriptions be col
lected and placed in bank, the receipt
to be used as certificate allowing
each one to vote. Not seconded.
The chairman appointed the follow
to act as a committee on organization ::
ii. T. Hazard, J. l. Redick, L. Colts
chalk, M. Hagan and III. l.. McNiel.
Moved and carried that at the next
meeting only subscribers be allowed
to participate.
Mr.. Hazard moved that no one be
allowed to vote who was not present.
Amended to allow written proxies in
the hands of subscribers. Carried.
The committee first appointed was ac-
cepted.
Adjourned until Friday afternoon at
3 O'Clock to meet at the Mcdonald
Block.
IKelal nd md the Irish Race.